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**animilius** · 05-17-2012, 12:55 PM

Unless I was doing a big purchase 10k + it is of little consequence

Its all realitive any way...as the price gets slammed the premium rises or goes into the back room.

very true.

if you're spending $1000, the difference between $30 & $32 spot price silver is maybe 1 round.

assuming $10 shipping - leaving a $990 budget -

silver @ 32 with $1 spread ... $33 each ... 30 rounds.

silver @ 31 ... $32 each ... 30.94 rounds - not quite enough for 31 rounds.

silver @ 30 ... $31 each ... 31.94 rounds - etc.

OK, so looks like the difference is 1.94 rounds.

i can't say "the low is in" because China is happy to let the banksters hang themselves.

they could drive Ag to $26 - maybe.

re Au - China bought 100 tons in one month recently. that means they bought 50% of world production that one month. one other month recently it was 64 tons. China has made a shift recently from buying 10% of world production to buying about 1/3 of world production.

listening to Harvey Organ - he describes how the banksters are racing around trying to fill orders at the low price, only to be told by "old friends" - "sorry, can't help ya."

http://harveyorgan.blogspot.com/

05-17-2012, 12:55 PM	#10
animilius Join Date Oct 2005 Posts 555 Senior Member	Unless I was doing a big purchase 10k + it is of little consequence Its all realitive any way...as the price gets slammed the premium rises or goes into the back room. very true. if you're spending $1000, the difference between $30 & $32 spot price silver is maybe 1 round. assuming $10 shipping - leaving a $990 budget - silver @ 32 with $1 spread ... $33 each ... 30 rounds. silver @ 31 ... $32 each ... 30.94 rounds - not quite enough for 31 rounds. silver @ 30 ... $31 each ... 31.94 rounds - etc. OK, so looks like the difference is 1.94 rounds. i can't say "the low is in" because China is happy to let the banksters hang themselves. they could drive Ag to $26 - maybe. re Au - China bought 100 tons in one month recently. that means they bought 50% of world production that one month. one other month recently it was 64 tons. China has made a shift recently from buying 10% of world production to buying about 1/3 of world production. listening to Harvey Organ - he describes how the banksters are racing around trying to fill orders at the low price, only to be told by "old friends" - "sorry, can't help ya." http://harveyorgan.blogspot.com/
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